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Trane Technologies (TT) Competitors

$327.46
+2.46 (+0.76%)
(As of 05/31/2024 ET)

TT vs. ACN, SPGI, ARM, ADP, FI, WM, TRI, MRVL, SPOT, and RSG

Should you be buying Trane Technologies stock or one of its competitors? The main competitors of Trane Technologies include Accenture (ACN), S&P Global (SPGI), ARM (ARM), Automatic Data Processing (ADP), Fiserv (FI), Waste Management (WM), Thomson Reuters (TRI), Marvell Technology (MRVL), Spotify Technology (SPOT), and Republic Services (RSG). These companies are all part of the "business services" sector.

Trane Technologies vs.

Trane Technologies (NYSE:TT) and Accenture (NYSE:ACN) are both large-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, valuation, profitability, earnings, risk, analyst recommendations, institutional ownership, media sentiment and dividends.

Trane Technologies has a net margin of 11.81% compared to Accenture's net margin of 10.89%. Trane Technologies' return on equity of 32.78% beat Accenture's return on equity.

Company Net Margins Return on Equity Return on Assets
Trane Technologies11.81% 32.78% 11.52%
Accenture 10.89%28.30%14.96%

Trane Technologies currently has a consensus price target of $300.54, suggesting a potential downside of 8.22%. Accenture has a consensus price target of $380.24, suggesting a potential upside of 34.70%. Given Accenture's stronger consensus rating and higher probable upside, analysts plainly believe Accenture is more favorable than Trane Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trane Technologies
1 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.31
Accenture
0 Sell rating(s)
8 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.62

Accenture has higher revenue and earnings than Trane Technologies. Accenture is trading at a lower price-to-earnings ratio than Trane Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trane Technologies$17.68B4.19$2.02B$9.3634.99
Accenture$64.11B2.95$6.87B$11.0325.59

Trane Technologies pays an annual dividend of $3.36 per share and has a dividend yield of 1.0%. Accenture pays an annual dividend of $5.16 per share and has a dividend yield of 1.8%. Trane Technologies pays out 35.9% of its earnings in the form of a dividend. Accenture pays out 46.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Accenture received 1082 more outperform votes than Trane Technologies when rated by MarketBeat users. Likewise, 70.30% of users gave Accenture an outperform vote while only 42.71% of users gave Trane Technologies an outperform vote.

CompanyUnderperformOutperform
Trane TechnologiesOutperform Votes
85
42.71%
Underperform Votes
114
57.29%
AccentureOutperform Votes
1167
70.30%
Underperform Votes
493
29.70%

83.0% of Trane Technologies shares are owned by institutional investors. Comparatively, 75.1% of Accenture shares are owned by institutional investors. 0.4% of Trane Technologies shares are owned by company insiders. Comparatively, 0.1% of Accenture shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Trane Technologies has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Accenture has a beta of 1.21, meaning that its share price is 21% more volatile than the S&P 500.

In the previous week, Accenture had 2 more articles in the media than Trane Technologies. MarketBeat recorded 12 mentions for Accenture and 10 mentions for Trane Technologies. Trane Technologies' average media sentiment score of 0.89 beat Accenture's score of 0.85 indicating that Trane Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trane Technologies
7 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Accenture
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Accenture beats Trane Technologies on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TT vs. The Competition

MetricTrane TechnologiesEnvironmental controls IndustryBusiness SectorNYSE Exchange
Market Cap$74.12B$41.14B$6.63B$17.81B
Dividend Yield1.03%1.83%2.89%3.55%
P/E Ratio34.9918.4320.2325.81
Price / Sales4.192.30584.6211.39
Price / Cash30.4017.1829.4318.95
Price / Book10.734.064.655.90
Net Income$2.02B$805.51M$119.57M$976.46M
7 Day Performance-3.10%-1.55%-0.32%0.62%
1 Month Performance3.93%1.96%1.39%4.79%
1 Year Performance97.31%48.66%6.54%24.00%

Trane Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ACN
Accenture
4.9431 of 5 stars
$293.77
-1.3%
$380.24
+29.4%
-7.5%$197.04B$64.11B26.63733,000
SPGI
S&P Global
4.6812 of 5 stars
$424.75
-1.5%
$467.89
+10.2%
+15.9%$134.86B$12.50B47.6240,450
ARM
ARM
0.6458 of 5 stars
120.65
-3.4%
N/AN/A$125.52B$3.23B0.005,963Short Interest ↑
ADP
Automatic Data Processing
4.7683 of 5 stars
$240.09
-1.3%
$255.42
+6.4%
+15.6%$98.27B$18.01B26.8063,000Analyst Upgrade
Positive News
FI
Fiserv
4.377 of 5 stars
$147.90
-0.4%
$164.83
+11.4%
+32.8%$86.54B$19.09B27.6442,000
WM
Waste Management
4.6146 of 5 stars
$204.16
-1.1%
$217.61
+6.6%
+29.4%$82.81B$20.43B33.4148,000Short Interest ↓
TRI
Thomson Reuters
3.9447 of 5 stars
$169.05
-2.0%
$164.31
-2.8%
+38.8%$77.72B$6.79B32.2025,600Short Interest ↑
Positive News
MRVL
Marvell Technology
4.4612 of 5 stars
$75.78
-3.3%
$84.05
+10.9%
+12.6%$67.79B$5.51B-70.176,577Earnings Report
Analyst Forecast
News Coverage
SPOT
Spotify Technology
3.7335 of 5 stars
$307.52
-0.9%
$306.42
-0.4%
+92.8%$59.02B$14.34B-458.989,123Short Interest ↑
RSG
Republic Services
4.7756 of 5 stars
$181.56
-1.1%
$201.14
+10.8%
+29.7%$57.79B$14.96B31.8541,000Positive News

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This page (NYSE:TT) was last updated on 6/2/2024 by MarketBeat.com Staff

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